What the Pros Know
102
MyMarketPulse Score
111 Price
93 Volume
5/2024UPDATES IN YOUR INBOX
Keep up to date on the latest housing industry trends with insights, analysis and news delivered to your inbox.
851,117
Population
0.2% YoY
202336.1
Median Age
4.5% YoY
2022$73,785
Median Household Income
8.8% YoY
2022393,860
Labor Force
0.7% MoM
0.9% YoY
5/2024371,224
Employed
1.3% MoM
1.8% YoY
5/20245.7%
Unemployment Rate
9.6% MoM
16.3% YoY
5/2024$718,500
Median Sale Price
6.4% MoM
16.8% YoY
5/2024333
Homes Sold
24.3% MoM
3.2% YoY
5/20241.8
Months Inventory
22.3% MoM
18% YoY
5/202421
Days on Market
0 MoM
1 YoY
5/2024585
Listings
9.4% MoM
19.0% YoY
5/2024111.9%
Sale Price to List Price
1.7% MoM
2.5% YoY
5/2024Cities included in Essex County: Newark, East Orange, Short Hills, Upper Montclair, Brookdale, Caldwell, Glen Ridge, Watsessing, North Caldwell, Roseland, Ampere North, Silver Lake, Pleasantdale, Essex Fells, Llewellyn Park
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.